Yes I suppose so. We farmed out an algorithmic problem to the unwashed massed, and the results were from pathetic to the functional, but nothing "OMG! that's genius!" . Nothing that we couldn't have coded out ourselves if we'd just done it. As mentioned earlier, the time spent evaluating various submissions probably made the thing a wash, man-hours wise..
It was interesting as a process experiment. YMMV. Go'fer it, for your application you might have better results.
I am a conservative, not a Republican. There is a difference.